Outsourcing Leads to

question 39

Multiple Choice

Outsourcing leads to

• A)Increases in productivity and increases in total output.
• B)Increases in productivity and decreases in total output.
• C)Decreases in productivity and increases in total output.
• D)Decreases in productivity and decreases in total output.

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Definitions:

W-4 Form

A tax form used by employees to indicate their tax situation to their employer, such as number of dependents and marital status, affecting the amount of federal income tax withheld from their pay.

FICA-Medicare

A federal payroll tax that funds Medicare, the U.S. health insurance program for individuals aged 65 and over or who meet other specific criteria.

Gross Wages

Gross Wages refer to the total amount of compensation earned by an employee before any deductions or taxes are taken out.

Net Wages

The amount of an employee's earnings after all deductions, such as taxes and retirement contributions, have been subtracted.